Question 1

Can Indian residents buy Gateley (Holdings) stock?

Accepted Answer

Yes. Gateley (Holdings) (GTLY) has been listed on the London Stock Exchange since 2015, in the Consulting Services industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to GBP. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.

Question 2

How much does one Gateley (Holdings) share cost in rupees?

Accepted Answer

One Gateley (Holdings) share is £0.74 — about ₹94 at a GBP/INR rate of 127.32 on 30 Sep 2026. Both the Gateley (Holdings) price and the rupee rate move during the day, so the rupee cost changes with them.

Question 3

What are the LRS and TCS rules for buying Gateley (Holdings) from India?

Accepted Answer

Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.

Question 4

How are gains on Gateley (Holdings) shares taxed in India?

Accepted Answer

Non-residents are exempt from UK capital gains tax on the disposal of listed shares, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the GBP/INR rate on the purchase and the sale date, so the rupee move counts alongside the Gateley (Holdings) price. Paasa issues a capital-gains statement for your return.

Question 5

Does Gateley (Holdings) pay a dividend, and how is it taxed in India?

Accepted Answer

Yes. Gateley (Holdings) pays a dividend and the current yield is 12.84%; the last declared dividend was £0.10 per share, about ₹12.10. Dividends are taxed at your slab rate in India. The UK levies 0% withholding tax on company dividends paid to non-residents. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.

Question 6

When can I trade Gateley (Holdings) from India?

Accepted Answer

The London Stock Exchange trades 12:30 pm – 9:00 pm IST in Indian time. The window shifts to 1:30 pm – 10:00 pm IST when the UK is on standard time. Orders can only execute during that window.

Question 7

Is there estate or inheritance tax on Gateley (Holdings) shares held from India?

Accepted Answer

Shares in UK-incorporated companies are UK-situs assets and fall within UK Inheritance Tax, charged at 40% above the £325,000 threshold for non-residents. It applies to your overall holdings in that jurisdiction rather than to any one position.

Question 8

Are there transaction taxes when buying Gateley (Holdings)?

Accepted Answer

The UK charges 0.5% Stamp Duty Reserve Tax when buying direct company shares electronically on the LSE; ETFs and UCITS funds do not attract it. This is charged by the market, not by Paasa.

Question 9

Do I have to declare Gateley (Holdings) shares in my Indian tax return?

Accepted Answer

Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Gateley (Holdings) holding, its cost and its closing value.

Question 10

How do I sell Gateley (Holdings) and bring the money back to India?

Accepted Answer

You sell during market hours (12:30 pm – 9:00 pm IST) and the proceeds settle in GBP in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.